Misc
on
SillyPotato
Student
CTC
How much CTC is said to be good for a person to be going to do a job in Bengaluru or other city?
17mo ago
Find out if you are being paid fairly.Download Grapevine
Discover more
Curated from across
How much CTC is said to be good for a person to be going to do a job in Bengaluru or other city?
Nothing is good enuf for a shithole like blr
If you’re a bachelor then with 12LPA(base pay), you can live a pretty decent life and save. At 12LPA, you wont pay much tax, your in hand would be around 85-90k. Your monthly expenses can be within 25-35k, buy stuff for yourself, invest some.
But as soon as you get married, your expenses would shoot up because you’ll need to have a house if your own (2BHK atleast). So in this case 20-25LPA base pay, and once you have kids, 35LPA+ atleast. This figure is for living a decent life, along with a little bit planning of future. Ofcourse, you can live a frugal life with much less.
Depends on your age and expenses.
Calculate your expense. Multiply by 3. That's a good base.
1x goes to expense.
1x for savings + investment.
1x for emergencies, fun activities and miscellaneous stuff.
There are people who are earning less than 20 lakh as family but have a settled life now.
You will find people earning more than 25-30 lakh and still be complaining.
IT salaries are an outlier even for a city like Bangalore. Other industries do not pay on par with IT. Reduce expenses with lifestyle creep and save + invest well. You will do good.
At least 10 LPA
